SB 1372 Summary

• Modifies transaction privilege tax (TPT) exemptions for motor vehicle sales to nonresidents by clarifying that exemptions apply when either the vehicle is shipped/delivered out-of-state OR the vehicle is a commercial motor vehicle with gross vehicle weight rating over 10,000 pounds used in interstate commerce.

• Removes coal from the retail classification tax base, creating a sales tax exemption for coal sales (adds new paragraph 60 to section 42-5061 and new paragraph 17 to section 42-6004).

• Updates section 42-5009 regarding certificates and liability for motor vehicle dealers, including modifications related to nonresident registration permits and accuracy of certificate information.

• Applies to taxable periods beginning on or after the first day of the month following the general effective date, with conditional enactment provisions tied to Laws 2018, chapter 263, section 5.